06/07/1959
https://www.presidency.ucsb.edu...
"By virtue of the authority vested in me by subsection (f) of section 514 of the Officer Personnel Act of 1947 (61 Stat. 906), as amended (10 U. S. C. 941a), and as President of the United States, it i..."
"This budget continues the progress that has been made during the past year in reducing both requests for new appropriations and Government expenditures."
"The reductions in expenditures already accomplished, together with those now proposed, justify the tax reductions which took effect January 1 and the further tax revisions I am recommending."
"New obligational authority has been reduced 15.5 billion dollars and estimated expenditures have been reduced 12.3 billion dollars since this administration took office."